Location: The property is located in Nappanee, Indiana, which is an important factor for potential investors. Being situated on a main strip in the town can offer good visibility and accessibility.
Building Size: The property includes a 21,450 square foot building. This is a sizable space that could be suitable for various types of businesses or tenants.
Income-Producing: The property has a history of generating income, which is a positive indicator for potential investors. It's currently leased on a month-to-month basis, but there are prospects for future leasing, providing a stable income potential.
Acreage: The property includes 3 +/- acres, which could provide space for additional development or outdoor usage, depending on the needs of potential tenants.
Road Frontage: The property has excellent road frontage on State Road 6, which can be advantageous for businesses seeking visibility and easy access.
Versatility: The building can be split into two units, which offers flexibility for different tenants or income opportunities. This can be a valuable feature for attracting a variety of businesses.
Amenities: The property includes essential amenities like bathrooms, a sprinkler system, an office area, dock doors, and electrical infrastructure, which can be important for various types of businesses.
Investing in commercial real estate can be a lucrative venture, and this property appears to have several positive aspects that could make it a valuable investment opportunity.